RMAFC Revamps Revenue Allocation System in Nigeria

The Revenue Mobilisation Allocation Fiscal Commission (RMAFC) is undergoing a transformation under current leadership to redefine revenue allocation in Nigeria. Established as one of the executive bodies by the 1999 Constitution, RMAFC monitors revenue accruals and allocation to the three tiers of government.

The Commission periodically reviews revenue allocation formulas to adapt to changing economic realities and advises on appropriate remuneration for public office holders. With a focus on integrity and experience, RMAFC plays a crucial role in ensuring fair revenue distribution and enhancing fiscal federalism in Nigeria.